The initial public offering of SJS Enterprises, a “design-to-delivery” aesthetics solutions provider, has been subscribed 17 percent on November 1 morning, the first day of bidding till now.
Investors put in bids for 17.65 lakh equity shares against the IPO size of 1.05 crore equity shares.
Retail investors bought 34 percent of shares against the portion reserved for them.
The portion set aside for non-institutional investors and qualified institutional buyers were yet to be bid for.
News Source:- Moneycontrol